2013.09.12

Tagetik Named a Leader in Independent Report on Financial Performance Management, Q3 2013

Tagetik software joins the ranks of the leaders with a unified platform that supports the full breadth of FPM functionality

Tagetik, a global provider of enterprise software solutions for Performance Management, Disclosure Management, Financial Governance and Business Intelligence, today announced that they were named a leader in the Forrester Research Inc. September 2013 report, ‘The Forrester Wave™: Financial Performance Management, Q3 2013’. The report evaluated eleven vendors based on 55 criteria, including current offering, strategy and market presence. Tagetik leaders score includes a 4.75 out of 5.0 score for financial close, reporting and disclosure.

According to the report, Tagetik software has been winning large customers with its very deep financial functionality and was cited for capabilities that appeal to large enterprises with sophisticated financial planning and reporting needs; and has earned strong customer loyalty. Tagetik currently supports cloud services deployment and its roadmap includes mobility and support of in-memory databases from both SAP and Microsoft.

“We believe the research results show how well Tagetik is addressing many of the complex processes that finance organizations manage every day,” says Dave Kasabian – Corporate Vice President of Product Marketing at Tagetik. “We take great pride in our ability to address needs from driver-based planning and forecasting, to complex consolidation and close, to comprehensive reporting and disclosure. We believe no other leader provides this breadth and depth in a single product that can be deployed either on-premises or on the cloud.”

“We are extremely proud of our placement in this year’s Forrester Wave and believe that being named a leader by such a prestigious advisory firm is a testament of our ability to address the challenges of today’s finance organization,” adds Manuel Vellutini – Executive Vice President, Chief Operating Officer at Tagetik.“Our goal has always been to provide aplatform that allows finance to drive financial performance not just measure it, and being named a leader in FPM by Forrester shows me that we are achieving this.”